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Commercial Land with Existing Building
For Sale
$3,650,000

1900 South Walnut Street, Bloomington, IN 47401

An approximately eight-acre site includes a three-story commercial building and substantial parking.

Property Size61,000 SF
Price / SF$59.84
Days on Market12

Property Features for 1900 South Walnut Street

General Information

Standard status Active
Size 61,000 SF
Property subtype Industrial
Listing Agency: CBRE
Listed By: Kevin Broderick · License #RB14046136
Source: Cbre
Added: Sep 26 Changed: Oct 4 Last Checked: Oct 5 at 4:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

This Bloomington commercial land offering spans approximately eight acres, including six acres described as highly usable. Improvements include a 61,000-square-foot, three-story building constructed in 1961, along with expansive parking. The property formerly housed the Herald-Times Building and sits along a primary transit corridor.

Potential redevelopment concepts identified for the site include commercial or medical uses, institutional or community facilities, and mixed-use or higher-density residential development; the latter concepts are subject to local rezoning.

Key Highlights

  • Approximately 8 acres, with 6 acres identified as highly usable
  • 61,000‑square‑foot, three‑story building constructed in 1961
  • Expansive on‑site parking

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 47401, IN

41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - An approximately eight-acre site includes a three-story commercial building and substantial parking.
Where is this commercial land located?
The property is located at 1900 South Walnut Street Bloomington, IN.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Approximately 8 acres, with 6 acres identified as highly usable; 61,000‑square‑foot, three‑story building constructed in 1961; Expansive on‑site parking
More about this property
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